Weekly trend is rebound. MACDH form 2nd bar ABOVE zero. Weekly ending at 1701. It closed slightly above 1701 resistance. It looks like CNY rally is coming!
This week market was supported well by buyers. It does show strong buying support throughout the week on bargain hunting. Like mentioned previous week, TKM v1.1 will not trade this Long entry.
TKM v1.1 will continue to look for fresh entry!